Coupang, a 4-year-old South Korean eCommerce firm, reportedly has secured a Sequoia-led $100 million funding round, pushing its valuation above $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. Get the Full...
The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...
ControlScan announced on May 29 that it had redesigned its PCI Compliance Guide website. The payment security and compliance solution provider said in a company statement that the website is meant to keep merchant service providers (MSPs) and small to mid-sized businesses (SMBs) current on changes...
Google announced during the Google Analytics Summit 2014 that it had created a new feature designed to better understand customer behavior and the effectiveness of merchandising efforts. The Internet powerhouse company released what it calls “Enhanced Ecommerce,” in an effort to help businesses better understand...
Apps are limiting business models, and the basic “pay to play” model has been challenged, according to recent analysis from Bango, a mobile payments solution for app stores such as Google Play, BlackBerry World, Windows Phone Store and Firefox Marketplace. The results shared exclusively with...
On May 29, DSB Bank announced that it had launched DBS PayLah!, its mobile wallet application. According to a recent Today article, the application lets DSB customers, as well as POSB customers, to use their mobile phones to pay for purchases, send and receive funds...
Wet Seal, Inc. released its first quarter financial results this month, showing that while comparable store sales declined by 16.9 percent in the first quarter, e-commerce sales increased by 8.3 percent in that same time. Get the Full Story Complete the form to unlock this...
In an effort to provide better service to their customers, mobile software company Uber has formed a partnership with AT&T. According to a release on Uber’s website, the Uber app will begin to be embedded in new AT&T Android phones, and AT&T will be one of...
